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avoidance if it looks like tax avoidance and it smells like tax burdens is tax avoidance we can have a broad principle that rules out the why is what the companies one they want this thing called a. regulation which is just another way where they can hire expensive accountants to get around the law and then siphon the money paid there indeed there and here and there and we don't want that we need just have a one very simple rule that says tax avoidance no way no in this country and yeah i'd also like come down on tax havens as well internationally that's really important so we don't have a race to the bottom so corporations think they can go wherever they like basically right now in the case of starbucks of course the boycott is a very potent weapon because it's a retail company. it's not an institutional business to business massive computer company let's say like an i.b.m. or something starbucks is directly with the public so a boycott really cuts into their revenues and for that reason it can be a very effective means to get the company's attention have you given any thought to th
avoidance if it looks like tax avoidance and it smells like tax burdens is tax avoidance we can have a broad principle that rules out the why is what the companies one they want this thing called a. regulation which is just another way where they can hire expensive accountants to get around the law and then siphon the money paid there indeed there and here and there and we don't want that we need just have a one very simple rule that says tax avoidance no way no in this country and yeah i'd...
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polar cap the size of new york is breaking away from that from that pole the same way that we saw in eyes in greenland an entire ice ireland break away two years ago that was the size of manhattan while that cabot that catastrophe is taking place we have the republicans putting into office there guys lamar smith from texas now look you don't have to dig deep at all to understand who lamar smith is this is a guy who got seven hundred thousand dollars from the energy industry and they only asked get a little more to do one thing and that is to be the mouthpiece for the energy industry so what he's done is he's been the mouthpiece out telling the american public in telling the media a there's no such thing as global climate change that's where he started off and then he morphed into the fact well if there is something called global climate change it wasn't caused by fossil fuel and tom i think what's so setting about lamar smith being in that position he is the key guy in the science committee for the house of representatives in the greatest power in this country the united states of america
polar cap the size of new york is breaking away from that from that pole the same way that we saw in eyes in greenland an entire ice ireland break away two years ago that was the size of manhattan while that cabot that catastrophe is taking place we have the republicans putting into office there guys lamar smith from texas now look you don't have to dig deep at all to understand who lamar smith is this is a guy who got seven hundred thousand dollars from the energy industry and they only asked...
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we can't tax wall street if you put even a fraction of a tax on those transactions tom you would have more than enough to wipe out this deficit and it's not unheard of look in the u.k. they've been doing this for three hundred years so what we're doing is we're missing who's responsible everybody has is looking in the wrong direction we're focusing on medicare we're focusing on social security why does it have somebody have the courage to say look why the hell are we here to begin with we're here because we're because of a greed frenzy that took place on wall street they're responsible let's let them help us pay it back tim geithner has opposed that larry summers as opposed that even when obama said you know maybe we should consider this his advisor said no that would be a bad idea but it is a way to solve this problem without having any problem to the average american and to that point a brilliant point it is by the the way. the american way to solve this problem we had abraham lincoln put a securities tax in place of the civil war. mckinley put it in place for the spanish-american w
we can't tax wall street if you put even a fraction of a tax on those transactions tom you would have more than enough to wipe out this deficit and it's not unheard of look in the u.k. they've been doing this for three hundred years so what we're doing is we're missing who's responsible everybody has is looking in the wrong direction we're focusing on medicare we're focusing on social security why does it have somebody have the courage to say look why the hell are we here to begin with we're...
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future is scum villages and royal babies that the newspapers say will look like this yes i'm a on the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and must not be coy i think the best name for this baby will be snooki. stating. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the on and we'll thing kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or of the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know feeding your children too much no no no and i thought looking over amsterdam is a good future look at what we're going to see here amsterdam to create scum villages absolute numbers to create scum villages where nuisance neighbors and anti-social tenants will
future is scum villages and royal babies that the newspapers say will look like this yes i'm a on the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and must not be coy i think the best name for this baby will be snooki. stating. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the on and we'll thing kate it's never ending but with this...
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state could be that maybe she's trying to protect assets on the ground it would be able to there's a eyes on there's huge national health care. all you guys are a bunch of knowledge six times a relational policy of the united states government to go on the talk shows and make blatantly false statements because it's in the name of national security you can say i have and i certainly have who can say i'm joy ride around for that drives everything i said minister as you can say i'm sorry that the information that i have access to doesn't allow me to comment on there is there is no evidence that susan rice believed she was lying who wanted to say on so why doesn't she say hate this was august this is what went on during said that last week she should never say you said i told bogus narrative now she says that no the director the cia said what she said was what we told her to co-host credit when he made a statement at the united nations that he later decided it wasn't accurate he publicly came forward and acknowledged that and corrected himself and the record she has yet to do that and address
state could be that maybe she's trying to protect assets on the ground it would be able to there's a eyes on there's huge national health care. all you guys are a bunch of knowledge six times a relational policy of the united states government to go on the talk shows and make blatantly false statements because it's in the name of national security you can say i have and i certainly have who can say i'm joy ride around for that drives everything i said minister as you can say i'm sorry that the...
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agree on that just yet other than that of course you also spoke about the necessity of keeping our eyes off the syrian issue there was a question the problem with a turkish journalist who said if there is a possibility that syria will attack turkey you said notion which the russian president dismissed saying that syria has to was going on inside its borders right now to even think about possibly going outside and attacking somebody he said that notion is the be preposterous when it comes to turkey's recent request to nato to place patriot missiles on its border with syria russian president once again underlining the fact that russia does not want to see such a development as long believe it will be a good idea. we do share turkey's concern over the events taking place on the border we understand the feelings of the turkish authorities and the turkish people but we call on them to be more reserved in their reaction because the creation of additional capabilities on the border will not ease and situation and in fact. now when it comes to russia's official stance on syria we are really not
agree on that just yet other than that of course you also spoke about the necessity of keeping our eyes off the syrian issue there was a question the problem with a turkish journalist who said if there is a possibility that syria will attack turkey you said notion which the russian president dismissed saying that syria has to was going on inside its borders right now to even think about possibly going outside and attacking somebody he said that notion is the be preposterous when it comes to...
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in troy altie spanish find out more visit eye to allahabad dot tito's calm. the gold fever. turns thousands into slaves. must follow but also months rather involved in the monsoon and since i started working in amman i stayed here a look at it. if it multinationals. to cash cow to be milked dry and if i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labelled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace . we are forced to pay protection to illegal groups what price is colombia going to pay. the people. the modest effect on r.t. . welcome back to the report imax keyser time now to go to jim street of u.k. and cut one of the most successful protest groups of all time jim st welcome to the kaiser report thanks for having me max all right to the street almost entirely because of u.k. on everywhere you look these days in the u.k. you find ed lines like this one footfalls tax shame of all this up to the camera and on starbucks agreeing to pay more taxes
in troy altie spanish find out more visit eye to allahabad dot tito's calm. the gold fever. turns thousands into slaves. must follow but also months rather involved in the monsoon and since i started working in amman i stayed here a look at it. if it multinationals. to cash cow to be milked dry and if i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labelled illegal and controlled by criminals you know in order to protect our...
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impose a sales tax on wall street call it the wall street sales tax i think that makes a lot of sense there was one between one thousand nine hundred sixteen and one nine hundred sixty six there was a very small wall street sales tax new york state still has a wall street sales tax but they give it back they give it back to the banks because the banks say don't you dare tax us so we'll go to jersey so they they they well they caved in there's also the restall right now today a tiny tiny tax on wall street turnover it's point zero zero zero zero something or other and that goes to finance the securities and exchange commission so there's no doubt about the constitutionality it's easy to collect the stuff has to go across exchanges or be enforced in the court. and the amount well the turnover is in the quadrillions six to seven quadrillions of derivatives stocks bonds you put a one percent tax on that your revenue enhancement is probably in the area of many trillions. we don't know how many trillions because obviously the speculation would tend to go down it just shows you how the narra
impose a sales tax on wall street call it the wall street sales tax i think that makes a lot of sense there was one between one thousand nine hundred sixteen and one nine hundred sixty six there was a very small wall street sales tax new york state still has a wall street sales tax but they give it back they give it back to the banks because the banks say don't you dare tax us so we'll go to jersey so they they they well they caved in there's also the restall right now today a tiny tiny tax on...
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to drive or not to drive how do you handle tax or not taxing people who grow pot their windowsill but if the feds invade the state this is a beginning and it provokes a lot of questions but it's going to be very interesting to watch washington state and colorado figure out the answers to. it's thursday so let's get some super smart sparrows and we humans see cigarette butts scattered in city streets or an ashtray outside a building we generally think of them as a nuisance an eyesore but when cute little sparrows see cigarette butts they think of themselves a great way to stay warm and to ward off annoying pests like these little mites of lice that birds get at least those of the findings coming out of a study was conducted at the national autonomous university in mexico a team of researchers monitored fifty seven sparrow nests in mexico city and found that the number of parasites and bugs in them decreased as the number of cigarette butts in each test increased sparrow nest used in the study had between zero and thirty eight cigarette butts in them with an average of eight butts per n
to drive or not to drive how do you handle tax or not taxing people who grow pot their windowsill but if the feds invade the state this is a beginning and it provokes a lot of questions but it's going to be very interesting to watch washington state and colorado figure out the answers to. it's thursday so let's get some super smart sparrows and we humans see cigarette butts scattered in city streets or an ashtray outside a building we generally think of them as a nuisance an eyesore but when...
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american police make another controversial step to keep an eye on. text messages that's a new proposition. by a group of lawyers rather than what experts have to say about it on our website at www dot com. and also benefit the website offering university tuition. in the u.k. get the details online. lauren list will bring you inside on the global financial headlines. the stunning beauty of reindeer gracefully dancing across the arctic tundra more than just a scenic image it is a way of life traditionally the nets people are nomadic reindeer herders and so in many ways they lead a simple and rustic life they are also highly skilled and organized in their tree. respond to the summer depending. on the day we found this particular camp they were settled near the coast of the sea here for families work together to manage nearly a thousand reindeer herding reindeer is not just a job for the people in fact they say it's a part of their entire culture heritage and way of life and they said that they can use almost every single part of the reindeer to help the
american police make another controversial step to keep an eye on. text messages that's a new proposition. by a group of lawyers rather than what experts have to say about it on our website at www dot com. and also benefit the website offering university tuition. in the u.k. get the details online. lauren list will bring you inside on the global financial headlines. the stunning beauty of reindeer gracefully dancing across the arctic tundra more than just a scenic image it is a way of life...
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that the israeli government has taken is that they have frozen some one hundred million dollars in tax money that is well complex on behalf of the palestinian authority has built a painful blow to the p.a. because essentially can only cover around seventeen percent of its needs the rest of the money comes from this tax money comes from the united states and from the european union if you look at the sick the population in this country they too also unhappy they do not believe that the israeli prime minister netanyahu will go ahead with building these units they believe that it's almost a cheap route by netanyahu to try and gain support ahead of genuine elections and that this is an internal matter to try and really build votes the mets will know who government essentially sees this but and perhaps i should say not just in the tone of your government but many israelis feel that it was a one sided resolution that was put forward at the united nations and the point being made by the government is that they cannot be any kind of unilateral moves on the palestinian side they need to first b
that the israeli government has taken is that they have frozen some one hundred million dollars in tax money that is well complex on behalf of the palestinian authority has built a painful blow to the p.a. because essentially can only cover around seventeen percent of its needs the rest of the money comes from this tax money comes from the united states and from the european union if you look at the sick the population in this country they too also unhappy they do not believe that the israeli...
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than mitt romney that's right how do you think we're doing the eyes now here with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i'd be really like them do you research and come back when you would later show you show your id by the way . thank you yeah i'd be glad to well we'll get the numbers and we'll do a chart graph and all i can think thank you jim i appreciate you calling in and raising the question it's something that we have done shows on before you know where where was the revenue before where is it now and what you know i can tell you the top tax rate during the eisenhower years was ninety one percent and you know right now the top tax rate is thirty five percent and they're talking about taking it up to thirty nine thirty nine point six percent which is where it was in the clinton administration so you know seems like a reasonable thing david in prescott arizona hey david what's on your mind tonight you know i'm all about. the co-a
than mitt romney that's right how do you think we're doing the eyes now here with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i'd be really like them do you research and come back when you would later show you show your id by the way . thank you yeah i'd be glad to well we'll get the numbers and we'll do a chart graph and all i can think thank you jim...
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elected officials and members of the city council members of the state assembly who are keeping an eye out to see what happens what is the fast food workers could be i'm sorry what is the fast food workers committee is that is that a group it's the it's the independent union that they are going to that they want to form and they want the right of recognition and all these different so this fast food franchise so this is not and you know like the commercial food workers union or whatever it's called you know this is not a specific union this trying to organize them this is a spontaneous within with within their own their own workplace this literally came from an organizing effort on a different issue from new york communities for change which is a wonderful community based group that works closely with a lot of union sometimes they've been working with car wash workers and grocery store workers there across the city as well and they were talking to workers in fast food restaurants about other issues and found that they were just universally literally making minimum wage or a little bit
elected officials and members of the city council members of the state assembly who are keeping an eye out to see what happens what is the fast food workers could be i'm sorry what is the fast food workers committee is that is that a group it's the it's the independent union that they are going to that they want to form and they want the right of recognition and all these different so this fast food franchise so this is not and you know like the commercial food workers union or whatever it's...
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american police make another controversial step to keep an eye on citizens running all personal text messages that's a new proposition submitted to congress by a group of law enforcement professionals that the afghans have to say about it on the web site at r.t. dot com. and scholarship with the benefit of a website offering university tuition for faxes exposed in the u.k. get the details online. shortly max kind of puts the finance boys us through the grind in the kaiser report coming your way after the show when. flying north with me in this old soviet work or so the helicopter is doctors running near brodsky and his team from the region's medical aviation service we head across ever more barren tundra higher and higher into russia's arctic far north until eventually we see our landing spot with the arrival of this tiny village after crossing hundreds of kilometers of snow we will do this as a boy here suffering from fever and the doctors are going to see what they can do. inside a small building not warm but two babies and that parents are waiting for us the doctors inspect them b
american police make another controversial step to keep an eye on citizens running all personal text messages that's a new proposition submitted to congress by a group of law enforcement professionals that the afghans have to say about it on the web site at r.t. dot com. and scholarship with the benefit of a website offering university tuition for faxes exposed in the u.k. get the details online. shortly max kind of puts the finance boys us through the grind in the kaiser report coming your way...
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which would be income capital gains estate taxes the i just mentioned a couple games and state taxes go up investments in infrastructure let's rebuild this country help for struggling homeowners an extension of the payroll tax cut unemployment benefits this by the way sounds eerily like what dwight eisenhower did in the early fifty's when well during the recession the recession of fifty one fifty two and eisenhower came and started building it actually i was system the g.i. bill they were there were you know in any case so where is this going to go i think you know frankly he should've gone a step farther as an initial mission negotiating point and said we're not going to roll back the bush tax cuts we're going to roll back the reagan tax cuts and you know let's take it back to seventy four percent but you know mark i think there's some mistakes here i don't think anything's really going to get done i think again the main thing the main constituency of the newly elected and the incumbents is their party it's not the american people they can pass a budget i don't see why anybody think
which would be income capital gains estate taxes the i just mentioned a couple games and state taxes go up investments in infrastructure let's rebuild this country help for struggling homeowners an extension of the payroll tax cut unemployment benefits this by the way sounds eerily like what dwight eisenhower did in the early fifty's when well during the recession the recession of fifty one fifty two and eisenhower came and started building it actually i was system the g.i. bill they were there...
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cuts give people tax cuts never wait for waiver from the tax cuts tax cuts tax cuts and we've seen that is the strategy republicans have have carried forward ever since then all the way to today with the fiscal cliff and everything and it actually was a fair you know for its time it was the right suggestion if you're a republican and you're trying to get power because in the seventy's because of the very high inflation rates of the seventy's a lot of people who were you know middle class and very little in federal income taxes as they started moving up the bracket was called bracket creep at the time and their taxes were going up because their pay was going up although their purchasing power wasn't going up so average middle class people were paying to federal taxes that they hadn't before. so when the republicans became the tax part of the tax cut santa clauses you know it caught on there were there was there was it wasn't just hey you know let's help out the help of the rich guys although it's become that but then the second piece of it was and this is where it was just masterful and
cuts give people tax cuts never wait for waiver from the tax cuts tax cuts tax cuts and we've seen that is the strategy republicans have have carried forward ever since then all the way to today with the fiscal cliff and everything and it actually was a fair you know for its time it was the right suggestion if you're a republican and you're trying to get power because in the seventy's because of the very high inflation rates of the seventy's a lot of people who were you know middle class and...
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they also pay a high rate of tax but nowhere near as high as the u.k. we've got the netherlands that pays around forty eight percent tax germany pays around forty percent average families that pay in tax now we spoke to a few londoners on the streets and asked them about how they feel about how much tax they pay let's take a listen i'm not looking for us person these players such as think that it should be fair of course to move people should pay proportionately. you know get in from it really. feels like it's all going to the fact that it's in the. communities it's just. good. business. so as you can see you know a lot of people are just extremely frustrated that they aren't getting any of their local services back it's demoralizing figure and as the government had promised to recognize marriage to provide some of these tax breaks they haven't done that yet and in the run up to christmas with prices on the rise food prices fuel prices just the price of heating a family's home this is very very bad news and a lot of people feeling extremely frustrated a
they also pay a high rate of tax but nowhere near as high as the u.k. we've got the netherlands that pays around forty eight percent tax germany pays around forty percent average families that pay in tax now we spoke to a few londoners on the streets and asked them about how they feel about how much tax they pay let's take a listen i'm not looking for us person these players such as think that it should be fair of course to move people should pay proportionately. you know get in from it really....
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in my eyes in the senate and president of baghdad do not have to see if you. do not have a medicare do not problematic a. bad option of. having a family in the way. we've not balanced a budget i have a box of the i willing to send the children they haven't. in other words don't shoot the democrat santa clause which we pay for by the way to reduce the deficit or bernie sanders another progress is understand is that democrats haven't been playing santa claus for the last eighty years just to win elections they don't play santa claus to save the nation and our economic system as we know it face of the great depression and communist revolutions around the world roosevelt had to enact the new deal just to save capitalism itself in america and the american people were willing to pay for it faced with a crisis of poverty the one nine hundred sixty s. and the hardships senior citizens were facing upon retirement l.b.j. enacted the great society and medicare because the people wanted gifts from santa claus but because people needed help and providing for the general we
in my eyes in the senate and president of baghdad do not have to see if you. do not have a medicare do not problematic a. bad option of. having a family in the way. we've not balanced a budget i have a box of the i willing to send the children they haven't. in other words don't shoot the democrat santa clause which we pay for by the way to reduce the deficit or bernie sanders another progress is understand is that democrats haven't been playing santa claus for the last eighty years just to win...
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efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thousands thank you. cut you cut the excuse that was an excuse that was nearly to me like you. think you think of the excess i. was yes thank you but one could send out if you want but that is the twenty five years that the nothing but the great. thing working to be. lending to people in this club that they could put up with who may have been done at night but not elected to coop of the big thing would be the to thank you thank you thank you thank you thank you thank you i thank you each thousand two thousand two thousand two thousand two thousand i was thousand to six was you thank you was. do we speak your liking. which. news programs and documentaries in spanish matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that troy all teach spanish find out more visit i. play. live. i've. led i. please please please please. please please. please please. shut. let's. see.
efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thousands thank you. cut you cut the excuse that was an excuse that was nearly to me like you. think you think of the excess i. was yes thank you but one could send out if you want but that is the twenty five years that the nothing but the great. thing working to be. lending to people in this club that they could put up with who may have been done at...
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when it comes to raising taxes on the wealthy or those making more than through the fifty thousand dollars if republicans do not agree to that is the administration prepared to go over the fiscal cliff well absolutely. absolutely but when it comes to the u.s. is economic problems does this tax debate or even this fiscal cliff debate begin to scratch the surface of the crisis all former republican strategist author and historian kevin phillips is here with lessons we can learn from seventeen seventy five the subject of his latest book that many a politician may benefit from actually reading. from a long time involved church i don't do it anymore of those boys much so you do not read because for people. to go and the as these the is reportedly investigating going to be providing twelve million dollars in derivatives trading losses in two thousand and eight yeah yeah there's a list of alleged bad bank behavior how is good capitalism though being driven out by bad capitalism all will break it down and word of the day plus alan greenspan says a painless solution to the u.s. debt is a fantasy fi
when it comes to raising taxes on the wealthy or those making more than through the fifty thousand dollars if republicans do not agree to that is the administration prepared to go over the fiscal cliff well absolutely. absolutely but when it comes to the u.s. is economic problems does this tax debate or even this fiscal cliff debate begin to scratch the surface of the crisis all former republican strategist author and historian kevin phillips is here with lessons we can learn from seventeen...
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to enjoy all te spanish find out more visit eye to eye on t.v. dogs comb.
to enjoy all te spanish find out more visit eye to eye on t.v. dogs comb.
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of green bargain like simpson bowles that will leave the republican santa clause that delivered low tax rates nicked by paper cuts but leave the democratic santa clause a shot of a bloody mess recognizing what might be on the horizon progressive senator bernie sanders said this after the election. we're going to send a loud message. the leadership in my house in the senate and president of bad do not have children should you know you do not have a medicare do not problematic a. bad option of. having a back to me and i may have we may not matter in the bedroom i have a box of the elderly the sick the children they haven't. in other words don't shoot the democrat santa clause which we pay for by the way to reduce the deficit or bernie sanders of the progress is understand is that democrats haven't been playing santa claus for the last eighty years just to win elections they don't play santa claus to save the nation and our economic system as we know it face of the great depression and communist revolutions around the world roosevelt had to enact the new deal just to save capitalism itself
of green bargain like simpson bowles that will leave the republican santa clause that delivered low tax rates nicked by paper cuts but leave the democratic santa clause a shot of a bloody mess recognizing what might be on the horizon progressive senator bernie sanders said this after the election. we're going to send a loud message. the leadership in my house in the senate and president of bad do not have children should you know you do not have a medicare do not problematic a. bad option of....
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american police made another controversial step but to keep an eye on its citizens blocking all personal attacks on messages that's a new proposition submitted to congress by a group of law enforcement professionals don't know what experts have to say about it on our website at r t v dot com. and scholarship with benefits a website offering university tuition for exactly this experience in the u.k. get the details online. new research suggests a britain is one of the toughest countries to live in when it comes to paying taxes and evidence shows some households are handing over the lion's share of their income in tags with little hope of getting vital benefits in return our chief political report. up to seventy three percent that's the amount of tax that your average british household pays once an average british household that's two kids two parents with one breadwinner so a lot of people who are just trying to raise a family being called good by this tax that goes towards your income tax your national insurance a lot of other european developed countries they also pay a high rate of tax
american police made another controversial step but to keep an eye on its citizens blocking all personal attacks on messages that's a new proposition submitted to congress by a group of law enforcement professionals don't know what experts have to say about it on our website at r t v dot com. and scholarship with benefits a website offering university tuition for exactly this experience in the u.k. get the details online. new research suggests a britain is one of the toughest countries to live...
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then be put into a longer term saving account for russia if you like now putin has also mentioned the tax is going to come into play for the gas and oil sector as well which is kind of spook them a little bit see saying these energy sector is all significantly under attack so they've got some added tax increases to look forward say well let me go through these these features that you mentioned like one by one so yeah she will be borrowing again then kerry to you hasn't done so the past couple of years exactly if we go back to twenty eleven they didn't have to dimitri at the time the coffers were full and it was full of oil money. at the time the. the finance minister alexei courage and who is no more any more he set up this cushion fund as you say it was a contingency plan for a rainy day and at the time people were saying well haitian is spent on infrastructure improving russia the future of it and well actually it seemed to work because he loved for the mistakes that were made in one nine hundred ninety eight when we had a catastrophic disaster in terms of the economy we had all opines
then be put into a longer term saving account for russia if you like now putin has also mentioned the tax is going to come into play for the gas and oil sector as well which is kind of spook them a little bit see saying these energy sector is all significantly under attack so they've got some added tax increases to look forward say well let me go through these these features that you mentioned like one by one so yeah she will be borrowing again then kerry to you hasn't done so the past couple...
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is economic problems does this tax debate or even as fiscal cliff debate begin to scratch the surface of the crisis all former republican strategist author and historian kevin phillips is here with lessons we can learn from seventeen seventy five the subject of his latest book that many a politician may benefit from actually reading. from a long time and paul church i don't do it anymore books boys my thirty do not read his frugal. or go and the as these the is reportedly investigating going to be providing twelve billion dollars in derivatives trading losses in two thousand and eight yeah yeah there's a list of alleged bad bank behavior how is good capitalism though being driven out by bad capitalism oh we'll break it down and word of the day plus alan greenspan says a painless solution to the u.s. debt is a fantasy finally something we can agree on the more loose change let's get to today's capital account. our guest kevin phillips made a name for himself in the late one nine hundred sixty s. as a g.o.p. operative who coined the phrase and wrote the book the emerging republican majo
is economic problems does this tax debate or even as fiscal cliff debate begin to scratch the surface of the crisis all former republican strategist author and historian kevin phillips is here with lessons we can learn from seventeen seventy five the subject of his latest book that many a politician may benefit from actually reading. from a long time and paul church i don't do it anymore books boys my thirty do not read his frugal. or go and the as these the is reportedly investigating going to...
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the choice all teach spanish find out more visit eye to eye ball tito's comb. play. and. play. lengthy who. play. i play. welcome back we are speaking with kevin phillips or when i spoke to him earlier and now though he was a republican political strategist he now is very critical of both parties and one reason progressive has been a big fan is because he's been hugely critical of financial deregulation over the years i had to ask him about it take a listen. let's go through first some of the history of deregulation and money let's play a couple of clips. i have the rest of the secretary of the treasury to take the action necessary to defend the dollar against the speculators. i have directed secretary connally. convertible with a dollar. or. true problems of our nation a much deeper. than gasoline lines or energy shortages these are even an inflation recession i need your help. so you have nixon taking us off bretton woods once and for all carter marking a period of horrible stagflation that paved the way for a massive deregulatory measure in the form of the monetary control a
the choice all teach spanish find out more visit eye to eye ball tito's comb. play. and. play. lengthy who. play. i play. welcome back we are speaking with kevin phillips or when i spoke to him earlier and now though he was a republican political strategist he now is very critical of both parties and one reason progressive has been a big fan is because he's been hugely critical of financial deregulation over the years i had to ask him about it take a listen. let's go through first some of the...
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efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut you think of how many thank you thank you thank you me i thank you. thank you thank us thank you to come to the two thousand yes thank you but one could send out if you want but that is better than twenty five years of the nothing but great we've been working pete thank you let me play this little bit that you think we could put up with to keep it in bed at night but not listen to coop of the big thing would be the to thank you thank you thank you thank you i thank ye thousand two thousand two thousand two thousand two thousand to two thousand and six was you thank you thank you i. thank you. it is. i've . i've . submitted. lists about.
efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut you think of how many thank you thank you thank you me i thank you. thank you thank us thank you to come to the two thousand yes thank you but one could send out if you want but that is better than twenty five years of the nothing but great we've been working pete thank you let me play this little bit that you think we could...
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up and we're not going to be able to get a deal without it our members believe strongly that raising tax rates will hurt you come closer loopholes. especially on those who are wealthy is a better way to raise this revenue then raising rates. ok so they don't agree on taxes for the top two percent of the country but bigger picture is this a thin representative of any kind of transform ational issue that will save the u.s. economy or the ten flavors of debt that have accumulated to such a great extent well listening to a little snippets of debate a speech where the pros of the republicans in congress are saying the whole thing has a major element of farce. the democrats really don't want to cut spending very much they know that's a huge part of the problem the republicans don't want to raise taxes on the top rockets they know that's coming but i don't want to would admit they know what's coming but the number of them know it's coming from the democrats in the united states kid almost as much and sometimes even more money from the richest americans of the republicans to both sides refuse to
up and we're not going to be able to get a deal without it our members believe strongly that raising tax rates will hurt you come closer loopholes. especially on those who are wealthy is a better way to raise this revenue then raising rates. ok so they don't agree on taxes for the top two percent of the country but bigger picture is this a thin representative of any kind of transform ational issue that will save the u.s. economy or the ten flavors of debt that have accumulated to such a great...
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cuts legislation already passed by the senate to extend the bush tax cuts for ninety eight percent of americans but not for the top two percent is stalled in the house of representatives the republican leadership is refusing to hold a vote on it out of fear a by pass and raise taxes on the top two percent that a policy and democrats began circulating what's called a discharge petition to all members of congress if democrats can get two hundred eighteen signatures on that petition then automatically john boehner has anything to say about it any more the legislation gets brought to the floor of the house for a full vote as pelosi said quote the clock is ticking the year is ending it's really important for it to happen now currently there are two hundred one democrats in the house meaning they'll need to get seventeen republicans to sign that discharge petition and then keep at least those. seventeen republicans on board with the middle class tax cuts for the water adds that might sound tough but when it comes down to it actual vote to extend tax cuts for ninety eight percent of working
cuts legislation already passed by the senate to extend the bush tax cuts for ninety eight percent of americans but not for the top two percent is stalled in the house of representatives the republican leadership is refusing to hold a vote on it out of fear a by pass and raise taxes on the top two percent that a policy and democrats began circulating what's called a discharge petition to all members of congress if democrats can get two hundred eighteen signatures on that petition then...
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greek their eyes. can. see evolution. and. in my eyes. will not only stay healthy. but that other malfunctioning upgrade of the. body and says flipped out they cheered everybody in the eighties wanted to. the gordon gekko but the thing is this oliver stone wrote it as a piece of satire nobody got it just the opposite all over stone was trying to send up the excesses of the reagan era michael douglas's portrayal helped inspire a whole generation of slicked back hair doos in double breasted suits adopting the greed is good ethos and pursuing the american dream as it had come to be defined now delivers obscene wealth for a very few well raining poverty and misery down on many and serving as a homicidal force for others because people do in fact die for lack of access to health care in the richest country in the world that's the us of a human consumption is in fact accelerating the instruction of our planet people do in fact die in wars waged based on lies that profit the precious view over five million children globally each year do not reach their fifth birthday becau
greek their eyes. can. see evolution. and. in my eyes. will not only stay healthy. but that other malfunctioning upgrade of the. body and says flipped out they cheered everybody in the eighties wanted to. the gordon gekko but the thing is this oliver stone wrote it as a piece of satire nobody got it just the opposite all over stone was trying to send up the excesses of the reagan era michael douglas's portrayal helped inspire a whole generation of slicked back hair doos in double breasted suits...